BSE SME Diksha Polymers packs investor confidence into premium listing
Mumbai, June 24 -- The scrip was listed at Rs 114.50, a 2.23% premium to the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price.
The counter hit a high of Rs 120.20 and a low of Rs 114.50. About 13.27 lakh shares of the company changed hands at the counter.
Diksha Polymers' IPO was subscribed 2.78 times. The issue opened for bidding on 17 June 2026 and it closed on 19 June 2026. The price of the IPO was fixed at Rs 112 per share.
The IPO comprised 15,98,400 equity shares. The promoter and promoter group shareholding diluted to 69.24% from 100% pre-offer.
The company intends to utilize the net proceeds from the issue towards the repayment or prepayment, in full or in part, of...
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